Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $450.00 | General Rehab Repairs | 09/27/2017 |
| 2 | $6,662.00 | Property Purchase Price | 09/27/2017 |
| 3 | $10,500.00 | General Rehab Repairs | 09/27/2017 |
| 4 | $2,400.00 | General Rehab Repairs | 01/19/2018 |
| 5 | $6,000.00 | General Rehab Repairs | 09/26/2018 |
| Purchase price : $6662 | Total Rehab Cost :$19,350.00 | All-In Property Cost : $26,012.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $14.64 | Arcana Insurance Payment | Arcana Insurance Feb | 09/27/2017 | |
| 2 | $450.00 | General Rehab Repairs | Board up by Rahim (paid 3/16) | 09/27/2017 | |
| 3 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 09/27/2017 | |
| 4 | $30.24 | Arcana Insurance Payment | Arcana April | 09/27/2017 | |
| 5 | $29.27 | Arcana Insurance Payment | Arcana May | 09/27/2017 | |
| 6 | $6,662.00 | Property Purchase Price | 09/27/2017 | ||
| 7 | $185.61 | County Taxes | 09/27/2017 | ||
| 8 | $795.55 | County Taxes | 09/27/2017 | ||
| 9 | $10,500.00 | General Rehab Repairs | $12,700 Bid approved (Scott Schulman) - $6,000 paid on 8/25 *$1,500 paid on 8/31 **$3,000 paid 9/13 | 09/27/2017 | |
| 10 | $150.00 | Inspection | 12/22/2017 | ||
| 11 | $100.00 | Setup Fee | 12/22/2017 | ||
| 12 | $2,400.00 | General Rehab Repairs | Final Section 8 repairs completions | 01/19/2018 | |
| 13 | $100.00 | Utility Turn On | Power, Gas | 01/27/2018 | |
| 14 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 15 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 16 | $67.31 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 17 | $9.70 | Electricity Bill | 03/13/2018 | ||
| 18 | $8.81 | Electricity Bill | 04/04/2018 | ||
| 19 | $72.69 | City Taxes | Detroit city taxes 2017 | 06/26/2018 | |
| 20 | $2,511.55 | Electricity Bill | 07/02/2018 | ||
| 21 | $798.08 | City Taxes | City of Detroit | 08/19/2018 | |
| 22 | $6,000.00 | General Rehab Repairs | Large roof replacement, debris removal, interior finish | 09/26/2018 | |
| 23 | $60.00 | Lawncare | 09/26/2018 | ||
| 24 | $68.72 | City Taxes | Detroit Winter Taxes 2019 | 01/31/2019 | |
| 25 | $70.00 | Snow Removal | 02/20/2019 | ||
| 26 | $335.46 | Water Bill | 03/08/2019 | ||
| 27 | $65.00 | Lawncare | 03/29/2019 | ||
| 28 | $128.68 | Miscellaneous Profit | Land Sale Transaction - remainder of Down Payment - closed on 4/1/19 - Total Amount spent at LC close - $32,455.33 | 04/03/2019 | |
| 29 | $26.86 | Electricity Bill | DWSD | 04/10/2019 | |
| 30 | $200.00 | Registration Fee | Vacant registration inspection fee | 05/31/2019 | |
| 31 | $350.00 | Registration Fee | Rental registration fee | 05/31/2019 | |
| 32 | $1,150.39 | Rent | April and May 2019 | 06/13/2019 | |
| 33 | $398.56 | Electricity Bill | DTE | 07/18/2019 | |
| 34 | $2,541.16 | Rent | Mortgage payment $635.29 (June, July, Aug, Sept) | 10/07/2019 | |
| 35 | $635.29 | Rent | Mortgage payment 9/15/19 | 10/08/2019 | |
| 36 | $619.15 | Rent | Mortgage payment 10/15/19 | 11/11/2019 | |
| 37 | $607.70 | Rent | Mortgage payment 11/15/19 | 12/09/2019 | |
| 38 | $594.15 | Rent | Mortgage payment 12/15/19 | 01/07/2020 | |
| 39 | $619.15 | Rent | Mortgage payment 1/15/2020 | 02/11/2020 | |
| 40 | $613.43 | Rent | 2/15/20 mortgage payment | 03/11/2020 | |
| 41 | $586.70 | Rent | 3/15/20 Mortgage payment | 04/13/2020 | |
| 42 | $584.70 | Rent | Mortgage payment 4/15/20 | 05/15/2020 | |
| 43 | $584.70 | Rent | Mortgage payment 5/15/20 | 06/16/2020 | |
| 44 | $584.70 | Rent | Mortgage payment 6/15/20 | 07/13/2020 | |
| 45 | $584.70 | Rent | Mortgage payment 7/15/20 | 08/10/2020 | |
| 46 | $584.70 | Rent | Mortgage payment 8/15/20 | 09/14/2020 | |
| 47 | $562.70 | Rent | Mortgage payment 9/15/20 | 11/09/2020 | |
| 48 | $562.70 | Rent | Mortgage payment 10/15/20 | 11/30/2020 | |
| 49 | $562.70 | Rent | Mortgage payment 11/15/20 | 01/04/2021 | |
| 50 | $562.70 | Rent | Mortgage payment 12/15/20 | 02/11/2021 | |
| 51 | $562.70 | Rent | Mortgage payment 1/15/21 | 03/10/2021 | |
| 52 | $562.70 | Rent | Mortgage payment 2/15/21 | 04/20/2021 | |
| 53 | $765.06 | Rent | Mortgage payment 4/15/21 | 06/14/2021 | |
| 54 | $562.70 | Rent | Mortgage payment 5/15/21 | 07/12/2021 | |
| 55 | $562.70 | Rent | Mortgage payment 3/15/21 | 07/22/2021 | |
| 56 | $562.70 | Rent | 6/15/21 Mortgage payment | 08/09/2021 | |
| 57 | $562.70 | Rent | Mortgage payment 7/15/21 | 09/06/2021 | |
| 58 | $562.70 | Rent | Mortgage payment 8/15/21 | 10/04/2021 | |
| 59 | $562.70 | Rent | Mortgage payment 9/15/21 | 11/08/2021 | |
| 60 | $562.70 | Rent | Mortgage payment 10/15/21 | 12/14/2021 | |
| 61 | $587.70 | Rent | Mortgage payment 1/15/22 | 04/11/2022 | |
| 62 | $562.70 | Rent | Mortgage payment 2/15/22 | 05/23/2022 | |
| 63 | $572.60 | Rent | Mortgage payment 3/15/22 | 06/13/2022 | |
| 64 | $587.70 | Rent | Mortgage payment 4/15/22 | 07/06/2022 | |
| 65 | $562.70 | Rent | Mortgage 5/15/22 | 07/18/2022 | |
| 66 | $562.70 | Rent | Mortgage payment 6/15/22 | 10/06/2022 | |
| 67 | $562.70 | Rent | Mortgage payment 7/15/22 | 11/07/2022 | |
| 68 | $562.70 | Rent | Mortgage payment 8/15/22 | 01/23/2023 | |
| 69 | $562.70 | Rent | Mortgage payment 9/15/22 | 03/09/2023 | |
| 70 | $562.70 | Rent | Mortgage payment 10/15/22 | 04/17/2023 | |
| 71 | $562.70 | Rent | Mortgage payment 11/15/22 | 10/20/2023 | |
| 72 | $562.70 | Rent | Mortgage payment 12/15/22 | 10/20/2023 | |
| 73 | $146.44 | Rent | Mortgage payment 9/26/23 | 10/20/2023 | |
| 74 | $320.00 | Miscellaneous | FCI special servicing fee | 10/24/2023 | |
| 75 | $562.70 | Rent | Mortgage payment 1/15/23 | 11/04/2023 | |
| 76 | $562.70 | Rent | Mortgage payment 2/15/23 | 03/15/2024 | |
| 77 | $661.73 | Rent | Mortgage payment 3/15/23 | 04/01/2024 | |
| Overall ROI : 83.37 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 375.17% ROI (2020) : inf% ROI (2021) : inf% ROI (2022) : inf% ROI (2023) : 1,100.83% ROI (2024) : inf% |
Overall Profit/Loss: -$5,555.42 Profit/Loss (2017) : -$18,944.61 Profit/Loss (2018) : -$12,621.54 Profit/Loss (2019) : -$4,167.77 Profit/Loss (2020) : -$6,462.33 Profit/Loss (2021) : -$6,954.76 Profit/Loss (2022) : -$3,998.80 Profit/Loss (2023) : -$3,202.64 Profit/Loss (2024) : -$1,224.43 |
Total Admin Owed : $0.00 Total Client Owed : $0.00 Total Owed : $0.00 |
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Maxim Holdings specializes in finding off-market, bank or hedge-fund owned investment opportunities for investors of any size at significant discounts. We take sub-par properties and turn them into passive income cash flow earning machines.
